Canada set to have new option of crypto payments for retailers

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  • Two crypto companies in Canada are collaborating to bring a new cryptocurrency payment solution.
  • The new partnership will make it possible for real-world POS transactions to take place via cryptocurrency at any accepting retailer.  

 

Coinberry and Cyclebit, two recognized Canadian crypto companies announced Canadians are expected to have access to a new cryptocurrency solution for retail payments.

Coinberry is one of the most popular cryptocurrency platforms in Canada, has partnered up with Cyclebit to provide a new crypto-to-retail payment processing solution. 

The companies will be set to leverage their technological solutions and assist in the increase crypto adoption in the country. The new partnership will make it possible for real-world POS transactions to take place via cryptocurrency at any accepting retailer.  

The co-founder and CEO of Coinberry, Andrew Poliakov said: 

We are always seeking innovative new ways to bring our customers trusted cryptocurrency and blockchain solutions that deliver exceptional value. From our recent government partnerships to enterprise, and now via retail payment processors, we believe leveraging our trusted technology backbone will continue to accelerate growth in the industry.

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